The Global Maleic Anhydride market to grow at a CAGR of 7.25% over the period 2014-2019

This report covers the present scenario and the growth prospects of the Global Maleic Anhydride market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of maleic anhydride across various industries and sectors. The report provides data on the Global Maleic Anhydride market based on the following: application and geography.

Growing demand and adoption of unsaturated polyester resins in the end-use industries such as marine, automobile, infrastructure, and construction for applications such as paints and coatings, bathroom fixtures, fiberglass-reinforced plastics, synthetic marble, automotive components, building panels, corrosion-resistant products, and aircraft/aerospace components are propelling the growth of the market.

According to the report, the high compatibility of the polymer Li-ion battery with tablets is one such factor. With a longer shelf life and the best weight-to-energy ratio, these batteries prove to be highly compatible with tablets and other electronic devices.

Further, the report states the volatility in raw material prices is a major challenge faced by the market.

The majority of maleic anhydride manufactured is used in unsaturated polyester resin, while other applications include: